The cabinet has reached a “collective” agreement on the basis of the UK's future relationship with the EU after Brexit, Theresa May has said. Ministers have signed up to a plan to create a free trade area for industrial and agricultural goods with the bloc, based on a “common rule book”.
European and UK business leaders have told Prime Minister Theresa May of their Brexit concerns. At a meeting in Downing Street on Monday, representatives from groups including the CBI and BusinessEurope pressed for a transitional deal that preserves the status quo after Brexit.
The man charged with helping to negotiate Britain's free trade deals around the world post-Brexit has said the agreements can help improve global security. Crawford Falconer, who will work with International Trade Secretary Dr Liam Fox, said there was a “powerful political and security element to getting this right”.